Hess extends rig hire deal
US oil firm Hess is to extend a deal with drilling company Awilco for the use of its WilHunter semisubmersible rig for work in the North Sea, increasing the contact value by about £134million.
US oil firm Hess is to extend a deal with drilling company Awilco for the use of its WilHunter semisubmersible rig for work in the North Sea, increasing the contact value by about £134million.
Aberdeen-based oil explorer Xcite Energy said today it had sold the first cargo from its northern North Sea Bentley field at a higher-than-expected price.
Total said yesterday it planned to step up the operation to "kill" the leaking Elgin well next week.
Shares in Aberdeen-based Faroe Petroleum fell yesterday after it said drilling on the Anne Marie exploration prospect off the Faroe Islands had failed to find thick reservoir sands.
TOTAL Waste Management Alliance (TWMA) said yesterday it had been awarded drilling-waste management contracts by BP worth about £4million.
FAROE Petroleum said yesterday that drilling operations had started on the Anne Marie prospect off the Faroe Islands.
Valiant Petroleum revealed yesterday that its Tybalt exploration well north-east of Shetland had found oil.
FAROE Petroleum said yesterday that drilling had started on the Glenlivet gas prospect west of Shetland.
TOTAL Waste Management Alliance (TWMA), the environmental service specialist, has already landed contracts totalling about £10million in the North Sea this year.
SPARROWS Offshore, the crane service arm of Aberdeen-based Energy Cranes International, has landed crane-modification and upgrade contracts in Norway worth more than £1million for completion this spring.